What is the 7 year rule in inheritance tax? | The Private Office

Inheritance Tax: What It Is, How It's Calculated, and Who Pays It

How to Legally Avoid Inheritance Tax in the UK. Did you know… when you pass away, HMRC could take up to 40% of your estate? That’s almost half your life’s hard work — gone in tax. But here’s the truth — smart families don’t let that happen. Here’s how: 👉 Use Your Nil Rate Band Every UK resident gets £325,000 tax-free. And if you’re married — that doubles to £650,000! 👉 Residence Nil Rate Band Leave your main home to your children or grandchildren, and you can add another £175,000 per person —

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